420 S HIBISCUS DR, Miami Beach, FL 33139
Parcel: 0232320060210 · Residential - Single Family · 1 Unit · Zoning: 0800
Assessed Value (2025)
$29,671,158
Property Details
Beds
6
Baths
8
Living Sqft
14,898
Year Built
2024
Lot Sqft
19,687
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$5,175,100
2013-04-03
DOMINICA HEUER → MARTINI REALTY LLC
2
$100non-market transfer
2015-10-22
DONINICA HEUER → MARTINI REALTY LLC
3
$12,000,000
2019-11-26
MARTINI REALTY LLC → 420 HIBISCUS DRIVE SFH LLC
Tax Assessment History
$29,671,158
Assessed (2025)
$35,658,200
Market Value
$29,671,158
Taxable Value
$604,081
Annual Tax
2024
$10,664,780
$17,718,300
2025
$29,671,158
$35,658,200
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $29,671,158 | $35,658,200 | $29,671,158 | $604,081 | $17,718,300 | $17,939,900 |
| 2024 | $10,664,780 | $17,718,300 | $10,664,780 | $217,126 | $17,718,300 | $0 |
About 420 S HIBISCUS DR, Miami Beach, FL 33139
420 S HIBISCUS DR, Miami Beach, FL 33139 is a 6-bedroom, 8-bathroom residential - single family : 1 unit built in 2024 with 14,898 square feet of living space on a 19,687 square foot lot. The property is currently owned by 420 HIBISCUS DRIVE SFH LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2019-11-26 for $12,000,000, when MARTINI REALTY LLC sold to 420 HIBISCUS DRIVE SFH LLC. The property has appreciated $11,999,900 (11999900%) since the prior sale of $100 on 2015-10-22. There are 3 recorded sales for this property.
The 2025 assessed value is $29,671,158 with a market value of $35,658,200. This breaks down to $17,718,300 for the land and $17,939,900 for the building. The assessed value increased 178% from $10,664,780 in 2024.
This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $189,605, and the median home value is $1,453,400.
The population density is 3,945 people per square mile. There are active mortgage liens totaling $12,429,492 recorded against this property. 420 S HIBISCUS DR, Miami Beach, FL 33139 is located in Miami Beach, Florida.
Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2013 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 247% of the most recent sale price.
This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $805 per square foot — a key metric for comparing value across Miami Beach's real estate market..
Current Owner
420 HIBISCUS DRIVE SFH LLC
420 S HIBISCUS DR, MIAMI, FL, 33139
Since: 2026-03-29
View owner profile →
People Behind This Entity
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$178,426 — $297,511
Flood $400 — $800
Property/Wind $178,026 — $296,711
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$189,605
Median Home Value$1,453,400
Pop. Density3,945/sq mi
Neighborhood 33139
20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
Mortgages
ACTIVE
$13,000,000
CITY NATIONAL BANK OF FLORIDA · 2022-07-19
1 satisfied mortgage
SATISFIED 2021-01-06
$10,500,000
PROFESSIONAL BANK
Est. Total Balance $12,429,492
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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